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t3rn Raises $6.5 Million As Multichain Prepares for the ‘Future of Web3’

Interoperability across smart contracts is becoming more important as the crypto market moves towards a multi-blockchain environment. 

Given the need for cross-chain programming, t3rn, a fail-safe multichain platform that enables developers to design cross-chain apps easily, announced on November 25 that it had raised $6.5 million in a strategic financing round led by Polychain Capital, as per the information shared with Finbold.

In particular, Blockchange, Lemniscap, D1 Ventures, Huobi Ventures, Figment Capital, Bware Labs, MEXC, Open Process Ventures, NetZero Capital, and many more important angel investors and industry leaders participated in this strategic round.

Notably, founder and chief technology officer of t3rn, Maciej Baj, has said that multichain will be the “future of Web3.” 

(by Jordan Major)

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